ACL to buy Medlab Pathology in a $65 million deal

SYDNEY, AUSTRALIA: Australian Clinical Labs (ACL) today entered into a binding agreement to purchase Medlab Pathology, a leading Australian privately-owned independent pathology provider, based in NSW and QLD. The acquisition is subject to regulatory approval and completion of customary conditions precedent. The acquisition an will be funded by an upfront payment of $60m plus a…

Marlowe plc acquires ACL for up to £7.3 million

LONDON, UK: Marlowe plc has acquired ACL, a provider of fire safety and security services, for an enterprise value of up to £7.3 million. Founded in 1984, ACL is based in Surrey and employs approximately 80 staff. The acquisition provides attractive synergies with Marlowe’s testing, inspection and certification activities. For the year ended 30 April…